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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Car washes
324 Francis Ave Spokane, WA 99205-6307
Individually Owned
14-yr Hold
Free & Clear
Property ID
US90-0083133
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,108 SF
Lot
0.68 ac (29,665 SF)
APN
36304.2830
UPID
US90-0083133
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Exotic Hand Car Wash & Detail Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$873k
Blend (final)
Blend
$865k
Owner & transaction history
Harlan D Douglass · 14 yrs held
Harlan D Douglass
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spokane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spokane submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,405,000
Current use
INDUSTRIAL (GENERAL)
$1,280,000
Change: -9% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,145,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$865k
Range $779k – $952k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,760
Tax year 2023
Assessed value
$647,690
Assessed 2024
Previous assessed
$559,620
+15.7% YoY
Effective rate
1.04%
On assessed value
Assessed land
$266,990
Assessed improvement
$380,700
Land market value
$266,990
Improvement market value
$380,700
Total market value
$647,690
Applied tax rate
520.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
2
Total area
7,108 SF
Lot
0.68 ac (29,665 SF)
APN
36304.2830
UPID
US90-0083133
Jurisdiction
SPOKANE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Harlan D Douglass
Individual
Free & Clear · 14 yrs held
Mailing address
801 W RIVERSIDE AVE STE #400, SPOKANE, WA 99201-0908
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2012
$495,000
Harlan D Douglass
Kbf LLC
Warranty Deed
—
Jun 22, 2005
$1,000,000
Kbf LLC
Ksm Properties LLC
Warranty Deed
$990,000 · F & M Bank
Dec 16, 2003
$1,215,711
Ksm Properties LLC
Kb Properties
Grant Deed
$790,000 · Us Bank NA
—
—
Kbf LLC
—
Deed Of Trust
related
$1,599,202 · Banner Bank
—
—
Ksm Properties LLC
—
Deed Of Trust
related
$800,000 · Kb Properties
—
—
Kb Properties-francis Ave LP
—
Deed Of Trust
related
$878,500 · Washington Trust Bank
—
—
Kb Properties
—
Deed Of Trust
related
$50,000 · Washington Trust Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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